Economics Mcqs
Historically nations are impacted by_______________?

A. Change in the distribution of power
B. Technological progress
C. Climactic changes from the ice age to global heating
D. Both fluctuations in the distribution of power and technological progress

Before the Treaty of Westphalia (1648) political organization around the world had been_________________?

A. Unilateral and generic
B. Universal and local
C. Empirical and patriotic
D. Uniform and multiform

Which is NOT a common objective of states ?

A. Physical survival
B. Territorial integrity
C. Political independence
D. Cultural diversity

Which is NOT a theoretical perspective on international relations_______________?

A. Globalism
B. Pluralism
C. Scientific democracy
D. Neorealism

Foreign aid________________?

A. Has been used as an instrument of foreign policy by the u.s
B. Should be abolished until poverty is eliminated is our own society
C. Is what ultimately overthrowing communism
D. None of the above

If Japan runs current account deficit and exchange rates are floating?

A. Japanese exports become more expensive to foreign buyers
B. Japanese exports become less expensive for foreign buyers
C. Japanese imports become less expensive for german buyers
D. Japanese imports become more prestigious to german buyers

The positive relationship between price and quantity supplied is called:_________?

A. Profit
B. A change of supply
C. A shift to the supply curve
D. The law of supply